Sage 100 Payroll Tax Update Set for 10/27/22 for New York State Health Care Workers Bonus Program (HWB)
Summary
The change from Sage on the NY Health Care Workers Bonus is scheduled to be on the 10/27/2022 deployment of the Payroll Tax Update. To attract talented people into the profession at a time of such significant strain, while also retaining those who have been working so tirelessly these past two years, we must recognize the efforts of our health care and mental hygiene workforce and reward them financially for their service. To do so, as part of the Fiscal Year 2023 New York State Executive Budget legislation, $1.2 billion in funding has been allocated for the payment of bonuses for certain frontline healthcare workers. An Earnings Code will need to be setup for this Type of Bonus Payment using that Tax Rule. Payroll tax updates are downloaded to Sage 100 via an Internet connection by accessing the payroll module and selecting the update option from the utilities menu.